The age of E-books is upon us, and no other industry has felt its success than academic publishing. Since its inception the digital education publishing industry has been booming. According to Statista, the sector is expected to surpass 243 billion U.S. dollars by 2022. These statistics indicate how the new-age technology is reshaping the way schools handle their textbooks, allowing teachers to efficiently instil knowledge in their students.
With online learning becoming the norm amid the pandemic, publishers are looking for ways to digitize their content while ensuring high-quality standards are kept. These new digital learning models help publishers achieve better productivity and reduce operational costs, allowing them to efficiently conquer the market. Moreover, the students and teachers now have more ways to stay connected, as the educational eLearning publishing industry intends to establish engagement across the spectrum. Let us dive in a little deeper to learn more about the future benefits of going digital bring to the table for the education publishing industry.
The benefits of aligning with digital publishing:
Facilitates Distribution and Offers Cost-Effectiveness
New information is always flowing in the education sector, so the publishers have to update their contents and distribute them constantly. This was an extremely daunting process in the traditional format with paper texts and books, especially when it came to mass distribution. It bore huge costs because they had to scrap the older content, update the new ones, republish them in the market. However, the landscape is entirely different with the onset of digital technology in the publishing industry. With eBbooks, they can be easily updated in time and distributed more conveniently and cost-effectively. The emergence of new digital distributions methods, such as mobile apps, online E-books, and many other latest solutions, makes it easier for both the publishers and readers to access the most up-to-date content.
Meets Environmental Demands
With print textbooks, there was also a large cost to the environment. As tons of trees were cut down to make paper out of them, which led to the problems we are witnessing now. According to TCK Publishing, over 2 billion books are printed every year in the U.S., requiring more than 30 million trees to be cut down which lead to the emission of over 40 million tons of carbon dioxide each year. With the production of books harming nature, the term “sustainable” was introduced in the sector; however, stakeholders didn’t pay any heed to them.
The upsurge of digital learning made publishers think about their acts and quickly change their attitude towards the planet. With the onset of online learning, these sustainable solutions are no more “nice-to-have” features. As a result, leading publishing houses, such as Penguin Random House, are incorporating eco-managed service and support systems to ensure minimum waste of books and reduction in emission of the carbon-di-oxide.
Offers Interactive Content
The benefits of making textbooks digital allows publishers to implement dynamic content, such as images, videos, quizzes, and many other features that make learning more fun and interactive. These features allow students to engage far more with their education, something static content in print material can not. E-books can also provide external links to additional resources and various multimedia interfaces, helping publishers to improve the readers’ learning curve.
To know more - https://katalysttech.com/blog/publishing-content-management-system-digitizes-the-role-of-education-publishers/
As a newcomer to the world of wealth management and private banking, the best way to learn is online.
There are so many websites with so much information that it’s hard to narrow it down to just a few.Almost every banking website talks about how their respective banks can make our money grow, save taxes, and invest in profitable markets to get the most out of our returns.
Some of the pages are intuitive, easy to navigate, and have lots of informative content.Wealth management is a difficult subject, and finding the right combination of articles and charts is essential to keep us on the site for a long time.
It must be relevant too.Before COVID-19 hit the world, financial advisors and investors, discussed their long-term plans and goals over a cup of coffee at advisory desks or in the comfortable offices of ultra-wealthy investors.
While digitizing bank websites is accessible, advisors still prefer old-school businesses with limited information and transparency and rely more on their knowledge, experience, and managed assets.BBVA understood the importance of keeping up with the digital banking trend and has seen 18% of new Spanish customers and 38% in the U.S. joining the bank through a digital channel.Digital reach:According to the World Wealth Report, HNWIs require digital skills from the wealth management industry regardless of age, wealth status, or need for advice.That is, both traditional customers (baby boomers) who are affected by COVID-19 and want to immerse themselves in the world of technology, as well as independent and motivated customers (Generation Y (Millennials), born 1980 to 1994; Generation Z from 1995 to 2009) who prefer to do their research to understand and feel more specific and factual information related to wealth management and private banking.In the digital world, traffic to your website offers as much opportunity as you do by attracting new customers and building relationships by serving existing customers.We’re not just talking about web channels here; we’re also trying to figure out the importance of mobile responsive websites and mobile apps.
Mobile applications, in particular, provide instant and more accurate and up-to-date information.Bank of America increased digital capabilities and has seen record-breaking profits surpassing those earned before the recession.
"40% of intranet initiatives fail to deliver a return on investment due to inadequate adoption”– GartnerSo what can organizations do to boost intranet adoption rates?A robust intranet strategy prioritizes employee engagement, timely updates and ease of access.
It should also take into considerations aspects such as – why should employees use the intranet?
How will it benefit them?
etc.If employees don’t recognize the purpose it serves, chances of them utilizing it are compromised, thereby affecting adoption rates which takes a toll on the investment.To build an engaging intranet, there arises a constant need for relevant and up to date content.
It’s important to also have a set of clear business objectives to help drive overall intranet adoption rates.Learn more: https://acuvate.com/blog/9-intranet-content-ideas-boost-user-adoption/
CMS Web Development (Content Management System) for the most part alludes to an electronic application that empowers various clients with various benefit levels to deal with an information, substance or data of any site application, venture on the internet forum.Email: [email protected]: https://www.elysiandigitalservices.com/website-development-agency/cms-web-development-agency/Mobile: +91 7827770641
Check out the top 5 CMS for website development and pick the best content management system for your personal or business website.
